stake

China’s Geely sells Saxo Bank stake to Swiss private bank – Go Health Pro

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China’s Geely sells Saxo Bank stake to Swiss private bank – Go Health Pro

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China’s Geely has sold its majority stake in Denmark’s €1.6bn Saxo Bank to Swiss private bank J Safra Sarasin, ending an eight-year joint venture that bet on Chinese capital markets opening up to the west.  … Read more

Disney makes antitrust problem go away by buying majority stake in Fubo – Go Health Pro

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Disney makes antitrust problem go away by buying majority stake in Fubo – Go Health Pro

Fubo’s about-face Fubo’s merger with Disney represents a shocking about-face for the sports-streaming provider, which previously had raised alarms (citing Citi research) about Disney’s ownership of 54 percent of the US sports rights market—ESPN (26.8 percent), Fox (17.3 percent), and WBD (9.9 percent). Fubo successfully got a preliminary injunction against Venu in August, and a … Read more

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